23, WELBURN CLOSE, ORRELL, WIGAN, WN5 8RF - £415,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

23 WELBURN CLOSE is a very large extended detached house of 162m², built sometime between 2003 and 2006, which could now be worth an estimated £487,120. It was last sold for £415,000 in February 2022, which was around 56% above the average February 2022 detached price in the Wigan local authority area. The most recent EPC inspection was April 2018, where the current energy rating was C, and the potential energy rating was B.

23 WELBURN CLOSE Sold Prices

Land registry data shows three sales for 23 WELBURN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Wigan local authority area for the corresponding sale date. All of the three 23 WELBURN CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 18 FEB	£415,000	£265,273	56% above HPI
2018 19 DEC	£326,000	£212,932	53% above HPI
2003 15 DEC	£244,950	£135,419	81% above HPI

23 WELBURN CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Wigan local authority area over time, sourced from the HPI. The three 23 WELBURN CLOSE sales between December 2003 and February 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2018 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2022 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

What might 23 WELBURN CLOSE be worth now?

23 WELBURN CLOSE might now be worth an estimated £487,120.

This is based on house price inflation of 17.4%, between February 2022 and February 2025, for detached houses, in the Wigan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 17.4% inflationary increase is applied to the most recent sale price for 23 WELBURN CLOSE of £415,000 on 18th February 2022. For the value to have increased from £415,000 to £487,120 over the three years to February 2025, the following assumptions must hold true:

• The value of 23 WELBURN CLOSE has moved in line with the HPI for detached houses in the Wigan local authority area.
• The February 2022 sale price of £415,000 represented a fair market value for the property.
• The size, condition, and specification of 23 WELBURN CLOSE has not materially changed since February 2022.

How Large is 23 WELBURN CLOSE?

23 WELBURN CLOSE is 162m², which includes one extension, according to the EPC inspection conducted in April 2018. This puts it in the largest 20% of detached houses houses in Orrell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Orrell, and where 23 WELBURN CLOSE lies on this distribution: 83% of detached houses houses are smaller than 23 WELBURN CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Orrell.

23 WELBURN CLOSE: Plot and Title Map

23 WELBURN CLOSE sits on a plot of roughly 0.316 of an acre, or 1,279m². The below map shows the location of 23 WELBURN CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 23 WELBURN CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 23 WELBURN CLOSE?

23 WELBURN CLOSE is located in ORRELL, in the WN5 postcode district. The below map shows the position of No. 23 on WELBURN CLOSE.